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We use the repeated random assignment of external examiners to school institutes in Italy to investigate whether the effect of external monitoring on test score manipulation persists over time. We find that this effect is still present in the tests taken one year after exposure to the examiners,...
Persistent link: https://www.econbiz.de/10012106802
economics: Studies about localized human capital externalities (HCE) and about the urban wage premium (UWP). After surveying the … externalities ; urban wage premium …
Persistent link: https://www.econbiz.de/10003716532
This paper provides a novel microeconomic foundation for pecuniary human capital externalities in a labor market model …. -- Externalities ; human capital ; multiple equilibria …
Persistent link: https://www.econbiz.de/10003759894
selection. Building on their framework we demonstrate that externalities between agents - an agent's utility upon accepting a … when the size of the externalities is arbitrarily small. Our result highlights the degree of control a principal has over …
Persistent link: https://www.econbiz.de/10003831629
In this paper it is argued that subjective well-being of the individual depends on two types of variables. The first type consists of characteristics of the individual himself, such as age, health, income, etc. The second type of variables consists of the characteristics of the individuals...
Persistent link: https://www.econbiz.de/10003937883
We construct a model of offshoring with externalities and firm heterogeneity. Due to the presence of externalities … externalities can help explain the dynamic process of offshoring, where the most productive firms offshore first and the others …
Persistent link: https://www.econbiz.de/10003596092
externalities (social returns to education) there exists a range of microloan amounts that are growth depressing and welfare … divert investment away from human capital: by failing to internalize the social returns to education, households …
Persistent link: https://www.econbiz.de/10009153583
fluctuations ; market imperfections ; externalities ; imperfect competition ; taxation …
Persistent link: https://www.econbiz.de/10009235089
This paper examines the reflexive interplay between individual decisions and social forces to analyze the evolution of cooperation in the presence of "multi-directedness," whereby people's preferences depend on their psychological motives. People have access to multiple, discrete motives....
Persistent link: https://www.econbiz.de/10011452082
Identification of the strength of human capital externalities at the aggregate level is still not fully understood. The … existing method may yield positive or negative externalities even if wages reflect marginal social products. We propose an … approach that yields positive average human capital externalities if and only if the marginal social product of workers with …
Persistent link: https://www.econbiz.de/10011411270